Report ID: SQMIG20D2086
Report ID:
SQMIG20D2086 |
Region:
Global |
Published Date: February, 2024
Pages:
256
|
Tables:
150 |
Figures:
78
Large Format Printers Market size was valued at USD 8.8 billion in 2019 and is poised to grow from USD 9.28 billion in 2023 to USD 14.13 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).
A large format printer is a computer-controlled printing machine that can print rollers with widths between 18" and 100". Instead of printing on separate pieces of paper, this printer prints on a sizable single sheet. These are used for projects like banners, posters, car wraps, architectural drawings, trade fair graphics, and murals that necessitate printing at a wider width. Due to the big format display's popularity as a display choice for conferences, trade fairs, public events, and art exhibitions, these are widely used in companies as a powerful communication and marketing tool.
The availability of mobile advertising and printing facilities that offer customers the ability to print documents directly using their mobile phone or any other wireless device, as well as the rising demand for large format printing across a variety of industries like textile, packaging, and advertising, are the main factors propelling the market. The growing popularity of these printers due to features like a large color touchscreen that facilitates the configuration of connectivity options in printers, as well as the increasing acceptance of UV curable ink for large format printers in order to print robust images that could be used in a variety of substrates including foam board, glass, wood, and cardboard, are driving the growth of the market. The market is affected by the usage of these printers, particularly in workplaces with employees who have poor vision or lack knowledge of printing technology. These printers are simple to use and understand, and they have the performance capacity to print in the required quantity and withstand harsh environmental conditions without fading. The market is further benefited by the growing significance of digital document production in commercial printing applications, a range of pricing options, and a higher incidence of CAD and technical printing applications.
US Large Format Printers Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONLarge Format Printers Market size was valued at USD 8.8 billion in 2019 and is poised to grow from USD 9.28 billion in 2023 to USD 14.13 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).
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Report ID: SQMIG20D2086